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مصراوي
Foreigners withdraw $826M from local T-bills
Foreign investor transactions in Egyptian treasury bills during September recorded a net sale of approximately $826.2 million, while Arab investors showed a net inflow of around $1.5 billion. This comes amid a decline in the Egyptian stock market indices, with the EGX30 index falling by 5.42%, and the EGX70 and EGX100 indices dropping by 10.84% and 9.12%, respectively, at the end of the month, reaching levels of 51,894, 18,625, and 24,776 points. This indicates a decrease in external demand for Egyptian debt instruments, coinciding with a general decline in market performance.
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